You might seek an alternative to Funded Trading Plus due to several limitations. First, the platform lacks a free trial, preventing you from testing its features before committing.
Additionally, it restricts holding trades over the weekend on both the Instant Funding and Advanced & Master Trader programs, which can be a disadvantage for traders using longer-term strategies.
The leverage is also capped at 1:30 across all funding programs, which may not appeal to those seeking higher leverage for larger positions. In the Advanced Trader Program, there is a mandatory stop-loss requirement, limiting flexibility in risk management.
Finally, all programs enforce a trailing drawdown, which can feel restrictive for traders preferring a static risk management approach.
These factors might lead you to explore alternative platforms with more flexibility and fewer restrictions.
Funded Trading Plus TrustPilot Customer Reviews, Feedback and Complaints
On Trustpilot, Funded Trading Plus has currently 2.1k number of reviews with a TrustScore (the overall measurement of reviewer satisfaction) of 4.70/5.00.
When searching for an alternative to Funded Trading Plus, there are several important factors to consider. First, look for a platform that offers a free trial or demo account, allowing you to test its features and trading environment without making a financial commitment.
Flexibility in trading conditions is also essential; a good alternative should allow weekend holding of trades, especially if your strategy involves long-term positions, and provide more freedom in managing stop-loss requirements without mandatory rules.
If leverage is a priority, seek platforms that offer higher leverage options than Funded Trading Plus, particularly if you aim for larger positions or more aggressive strategies.
Additionally, consider alternatives that don’t impose a trailing drawdown, or offer more favorable drawdown terms, giving you greater flexibility in risk management without the pressure of constantly adjusting your exposure. Lastly, a variety of funding programs is crucial—look for platforms that offer multiple pathways to success, whether through instant funding or multi-step challenges, to suit your specific trading style and goals.
Founded in Malta in late 2022 by a group of traders and investment managers, FunderPro was born out of the need to provide an opportunity for traders to be judged on their merit without pressure or unnecessary rules. FunderPro traders can trade in their own time, for as long as they want or need, there are no deadlines looming down nor petty restrictions to trip over.
In 2022, Next Ventures launched a new platform: FundedNext was live. The prop firm quickly made a name for itself by its generous capital allowance: a staggering $4 million was on the table for FundedNext traders who get to keep 90% of any profits made.
The 5%ers is a prop trading firm founded by Gil Ben Hur and Snir Chiel. Both former forex day traders, Gil and Snier, experienced first-hand the frustrations that lack of capital bring to experienced traders ready to play the markets. Hence, the 5%ers Funding Program was born: a platform to reward worthy traders with significant capital, with profits shared in a win-win outcome.